The following video is part of our "Motley Fool Conversations" series in which Fool analyst John Reeves and Fool advisor David Meier discuss topics across the investing world.

One of the simplest investing strategies is called "Dogs of the Dow." Essentially, you invest each year in the 10 Dow components with the highest yields. Dave and John discuss the merits of this particular strategy, and Dave shares which "dogs" he likes the best.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.